Mulmur Real Estate Statistics

Mulmur Real Estate Price Trend
Mulmur real estate average sold price in the last 30 days (February 28 - March 28) was $1,378,000, which is $378,000 (27.4%) higher than the average price of $1,000,000 in the previous 30 day period (January 29 - February 27), and $598,000 (43.4%) up from the same period 1 year ago ($780,000). Mulmur real estate prices over the last 30 days are also $289,590 (21.0%) higher than the average selling price of $1,088,410 over the past year.
Mulmur average sold price for homes was $1,378,000 in the last 30 days (February 28 - March 28), which is $378,000 (27.4%) up from the average home price of $1,000,000 in the previous 30 day period (January 29 - February 27), and $598,000 (43.4%) higher than the same period 1 year ago ($780,000). In the last 30 days Mulmur the average home price was $289,590 (21.0%) higher than the average selling price of $1,088,410 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Mulmur real estate was $1,378,000 in the last 30 days (February 28 - March 28), which is collectively $70,000 (4.1%) lower than the average asking price of $1,698,833. This represents an increase of $19,000 (21.3%) compared to $89,000 (8.7%) Sold-Under-Asking price from the previous 30 day period (January 29 - February 27).
The maximum Sold Over/Under Asking ratio in Mulmur during the last 12 months was recorded in June, 2023 with an average of $7,149 under the asking price, while the minimum occurring in February, 2024 with $89,000 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Mulmur was 83.3% with 5 properties sold and 6 new properties listed in the past 30 days (February 28 - March 28). This represents an increase from 16.7% recorded during the previous 30 day period (January 29 - February 27), and an increase from 14.3% compared to the same period one year ago.
Over the the last year the highest SNLR in Mulmur was 712.5% recorded in July and the lowest was in March at 10.0%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 5 properties that were successfully sold in Mulmur in the last 30 days (February 28 - March 28) was 51 days, which is 7 days more than 44 days average in the previous 30 day period (January 29 - February 27) and 42 days shorter than during the same period a year ago (93 days).
There were 5 delisted properties in Mulmur, those that got either Expired, Suspended or Terminated over the last 30 days (February 28 - March 28) with an average of 69 days on the market. This is 3 days longer than the average of 66 days during the previous 30 day period (January 29 - February 27) and 5 days more compared to the same period last year average of 64 days on the market.
5 Mulmur properties that didn't sell stayed on the market 35.3% longer than 5 that sucessfully sold over the last 30 days - 51 days when sold vs 69 days when delisted respectively.
Average Days on the Market in Mulmur over the past 12 months for properties that have sold was 43.2 days, with 87.7 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
6 new properties were listed on the market in Mulmur in the last 30 days (February 28 - March 28). During the same time 5 properties were sold and 5 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 4 properties (or 66.7%).
During the previous 30 day period (January 29 - February 27) there were 6 new properties listed, 1 sold and 2 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 17 new properties listed, the slowest - December with 2 new listings and a yearly average of 9 new listings per month.
New Real Estate Listings by Property Type
There were a total of 6 homes listed during the last 30 days (February 28 - March 28), which is 100.0% of all properties listed in Mulmur. This is a 0.0% decline compared with a previous 30 day period (January 29 - February 27) and 14.3% down from the same period a year ago. Over the past year an average of 9 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 5 homes sold during the last 30 days (February 28 - March 28), which is 100.0% of all properties sold in Mulmur. This is a 400.0% increase compared with a previous 30 day period (January 29 - February 27) and 400.0% up from the same period a year ago. Over the past year an average of 8 homes are were sold per month.
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